Conveyor - About the company
Conveyor is a series B company based in Philadelphia (United States), founded in 2021. It operates as a Provider of AI solutions for security questionnaires, trust centers, and RFPs. Conveyor has raised $39M in funding from SignalFire and Cervin. The company has 83 active competitors, including 11 funded and 8 that have exited. Its top competitors include companies like Zscaler, Spot and VISO Trust.
Company Details
Provider of AI solutions for security questionnaires, trust centers, and RFPs. The company offers tools to automate customer trust workflows using artificial intelligence. It helps users generate answers for security questionnaires and RFPs. The platform provides a trust center to showcase security posture and automate document access. The AI agent triages, answers, escalates, and delegates tasks based on policy.
- Website
- www.conveyor.com/
Key Metrics
Founded Year
2021
Location
Philadelphia, United States
Stage
Series B
Total Funding
$39M in 2 rounds
Latest Funding Round
Investors
Ranked
8th among 83 active competitors
Employee Count
14 as on Dec 31, 2022
Legal entities associated with Conveyor
Conveyor is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONVEYOR INC. CIN: 611996307 , United States, Active | Dec 31, 1999 | - | 14 (As on Dec 31, 2022) | - |
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Conveyor's funding and investors
Conveyor has raised a total funding of $39M over 2 rounds. Its first funding round was on Sep 15, 2023. Its latest funding round was a Series B round on May 08, 2025 for $*****. 3 investors participated in its latest round. Conveyor has 3 institutional investors.
Here is the list of recent funding rounds of Conveyor:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 08, 2025 | 1852656 | Series B | 1974774 | 9587621 | 6363453 | 9154911 |
Sep 15, 2023 | 7245286 | Series A | 2609117 | 6076107 | 2463808 |
View details of Conveyor's funding rounds and investors
Conveyor's founders and board of directors
Founder? Claim ProfileConveyor's employee count trend
Conveyor has 14 employees as of Dec 22. The total employee count is 22.0% lower than what it was in Dec 21. Here is Conveyor's employee count trend over the years:
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Conveyor's Competitors and alternates
Top competitors of Conveyor include Zscaler, Spot and VISO Trust. Here is the list of Top 10 competitors of Conveyor, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zscaler 2007, San Jose (United States), Public | Provider of cloud-based security solutions for enterprise zero trust architecture | $148M | 83/100 | |
2nd | Spot 2015, San Francisco (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $63M | 64/100 | |
3rd | VISO Trust 2016, San Francisco (United States), Series A | Provider of an AI-powered platform for third-party cyber risk management | $24M | 59/100 | |
4th | UpGuard 2012, Mountain View (United States), Series C | Cloud based platform offering third party risk management software | $121M | 59/100 | |
5th | SafeBase 2020, San Francisco (United States), Acquired | Provider of IT vendor risk management solution | $51.1M | 58/100 | |
6th | TrustCloud 2018, Boston (United States), Series A | AI based integrated compliance management solutions | $37M | 55/100 | |
7th | HyperComply 2018, Toronto (Canada), Acquired | Third party risk management software for enterprises | $6.4M | 54/100 | |
8th | Conveyor 2021, Philadelphia (United States), Series B | Provider of AI solutions for security questionnaires, trust centers, and RFPs | $39M | 49/100 | |
9th | HITRUST Alliance 2007, Frisco (United States), Late Stage | Provider of cybersecurity risk management, assessments, certifications, and compliance solutions | - | 43/100 | |
10th | FortifyData 2015, Kennesaw (United States), Series A | Provider of AI-powered platform for cyber risk management and compliance | $7.03M | 41/100 |
Looking for more details on Conveyor's competitors? Click here to see the top ones
Conveyor's Investments and acquisitions
Conveyor has made no investments or acquisitions yet.
News related to Conveyor
Media has covered Conveyor for a total of 2 events in the last 1 year.
•
Oregon Venture Fund Participates in $20M Series B for ConveyorSilicon Florist•Jun 13, 2025•Oregon Venture Fund, Conveyor
•
Conveyor Secures $20 Million to Advance AI Agents for Automating RFPsPYMNTS.com•Jun 13, 2025•Conveyor, SignalFire, TransCard, Routable
•
•
Conveyor raises $12.5M to help companies fill out security reviews with AISiliconAngle•Oct 11, 2023•Conveyor, Cervin
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